The registrations of passenger cars and SUVs in the Canary Islands during the month of November grew by 20.81% compared to the same month of 2023; this despite the 7.54% drop in the retail channel, which demonstrates the survival of the sector thanks to rent a car and companies.
According to data provided this Monday by the employers' association of dealers, Faconauto, in the Canary Islands 6,067 passenger cars and SUVs were registered in November, which is 20.81% more than in the same month of 2023, a figure driven by the 2,913 units in the car rental channel, which has increased by 57.8%.
In retail sales, 2,098 units were registered last month, 7.54% less than in November 2023, although the overall year shows a slight improvement of 1.3% to 21,074 passenger cars and SUVs.
Regarding the overall year 2024 compared to 2023, the sale of passenger cars and SUVs through all channels, however, reflects a drop of nearly 8%, a scenario that the dealers' association describes as "bad", especially if it reaches 10%, so they will wait to see how the market behaves in December.
In that sense, Faconauto details in the statement, it continues to work with the Government of the Canary Islands on the implementation of an incentive plan for the sale of vehicles without discrimination of the type of technology, and is talking with the Ministry of Public Works, Housing and Mobility in order to allocate a budget item for next year.
Sources from the employers' association have explained to EFE that there is a "commitment" from this regional department, and also from the Department of Ecological Transition, to include in the budgets for 2025, which are in the process of approval in Parliament after the amendments to the entirety have been rejected, a "small item" to create these purchase incentives.
Incentives that will not be limited to electric and zero-emission mobility, but also to the rest of propulsion technologies, that is, gasoline and diesel, and that the employers' association hopes to be able to finish outlining soon in order to present it to the public.
The month of November has also seen a significant increase in registrations within the business channel, with 1,056 passenger cars and SUVs, which is 16.3% more than in 2023.
Industrial, commercial and motorcycles
As for the rest of the registrations, commercial vehicles recorded a drop of 3.86% (722 units registered), while in the case of industrial vehicles and buses, the decrease was more pronounced, of 20.65% to 73 units.
For its part, the market for motorcycles and mopeds increased by 9.31 percent to 1,268 units registered.
Except for passenger cars and SUVs, the rest of the channels experienced increases in the first eleven months of the year compared to the overall year of 2023: commercial vehicles by 28.29%, industrial vehicles and buses by 38.34%, and motorcycles and mopeds by 7.51%.